“We think the deal makes sense, it makes us stronger,” said Kings president Riccardo Zacconi during a conference call on Tuesday. (The picture is a montage)
An acknowledgment of Swedish gaming industry’s greatness. To see the computer games industry multi-billion bid for the Swedish-based mobile gaming company King – the company behind the successful Candy Crush Saga.
5 , 9 billion dollars, equivalent to 53 billion. It provides the US gaming giant Activision Biizzard to buy games now King. The sum surpasses the 47 billion that Microsoft last year paid to buy Nokia’s mobile phone unit. It is also almost three times more than Microsoft in the same year pungade out of Mojang, the Swedish company behind smash hit Minecraft. The price was 2.5 billion dollars, a sum which corresponded to almost 18 million. And it’s more than SEK 23 billion, equivalent to 26 billion in today’s money, which eBay bought Skype in 2005.
On The computer games industry sees the bid as further evidence of the strength of Sweden possesses in the development of computer games.
– This is another proof for Sweden strong position internationally. Since it is so much money that it is difficult to relate to it, says Per Strömbäck, spokesman for the Swedish Games Industry.
Read more: Bud Candy Crush creator worth 50 billion
Why it is valued so highly?
- It is the world’s largest mobile game company. In addition Candy Crush Saga, they have several games that each have between 50 and 100 million users. If you look at the purchaser is a company that is very good at catching trends.
How do you see the the Swedish gambling company bought up by foreign buyers?
– We have the most positive experience of foreign investors. The pattern we can see from earlier acquisitions is that all have retained a large measure of independence. In all cases, have the new owner continues to invest in Sweden and has increased the number of employees.
Kings biggest success so far is the mobile game Candy Crush say when the game was most popular was half a billion players of the month.
The prospective buyer Activision Blizzard is behind the worldwide success of World of Warcraft and Skylanders and Call of Duty. All about well-known brands that together have great width. The company has not been as successful in the field of mobile games.
The Stockholm office is the silence surrounding the bid total. The switch has been ordered not to relax some issues surrounding the purchase on. According to a press release, both companies’ boards approved the proposed transaction. Which is also reported that King will continue to operate as an independent entity.
Minecraft Creator and now billionaire Markus “Notch” Persson has himself worked as a programmer on King. Last night he tweeted out “King sold to Activision? What o bunch of sellouts! How dare theyoh wait uh nevermind uhh damn (Congratulation, my old bosses!). “
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